MBA Cohort Model Program General Information

Related Resources

Payment and Refund Deadlines

TERM	PAYMENT DUE	LAST DAY (100% REFUND)	LAST DAY (50% REFUND)
Summer 2020	May 26, 2020	June 1, 2020	June 8, 2020
Fall 2020	Sept. 3, 2020	Sept. 9, 2020	Sept. 16, 2020
Winter 2021	Nov. 12, 2020	Nov. 16, 2020	Nov. 18, 2020
Spring 2021	Feb. 25, 2021	March 3, 2021	March 10, 2021

MBA Cohort Model Deferred Payment Plan (MBPP)

Ramapo College provides a special 3-pay payment plan for MBA students. If you wish to participate in the payment plan, please contact MBA Program Coordinator Arrlette Espinal at 201-684-7719 or via email at aespina2@ramapo.edu.

NOTE: PLEASE DO NOT SIGN UP ONLINE FOR THE RAMAPO TUITION PAYMENT PLAN (RTPP). The RTPP is designed for Undergraduate and all other Graduate programs.

Parking Permit Decal

To obtain a valid parking permit decal, log onto https://www.ramapo.edu/publicsafety/parking-permits/ and follow the instructions. When your online application is approved, the decal will be mailed to you by The Permit Store. Parking permits obtained during the fall term are valid for the winter and spring terms. A new decal must be obtained for the summer. There will be a one week grace period at the beginning of term before summonses will be issued.

Incidental Non-Refundable College Fees

Credit Card Service Fee Assessed by Pay Path	2.85% of Amount Charged
Dishonored Check Fee	$40.00
Finance Charge	1.5 % of outstanding balance
Graduation Application Fee	$100.00
Late Tuition Payment Fee	$200.00
Redeposit Check Fee	$15.00
Returned ACH Processing Fee	$40.00
Student I. D. Card Replacement Fee
First Replacement	$25.00
Second Replacement	$50.00
Third and Subsequent Replacements (each occurrence)	$100.00
MBA Installment Payment Plan
Enrollment Fee (Must apply each Semester )	$30.00
Late Payment Fee (Per Month)	$35.00

MBA Immersion Trip Refund Policy

Breakdown of Immersion Trip Costs:

Per Student Trip Expenses (i.e. airfare, visa, lodging, trains, food allowance, insurance)	60-65%
Program Trip Expenses (administrative fees in US and abroad, group travel fees, speaker fees, program development fee)	35-40%
2018 Total Trip Fees*	$3,780.00

*2018 MBA Immersion Fee = $498/term

Note: Figures are subject to change due to changes in currency, fuel costs, airfares, geopolitical events, etc.

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MBAD 682 – Global Immersion Experience: China

An essential component of the learning goal of MBAS 682 is the China immersion experience, which all students are expected to complete. Trip expenses are included as part of the total cost of the program as outlined on the Bursar’s website. For students who can demonstrate a true hardship, an alternative assignment may be permitted on a case-by-case basis.

Withdrawn Students – MBA Immersion Trip Refund Policy

Students withdrawing from MBA Program during 1st or 2nd term receive 100% of Per Student Trip Expenses and 100% of Program Trip Expenses paid to date

Students withdrawing from MBA Program during 3rd term receive 100% of Per Student Trip Expenses and 50% of Program Trip Expenses paid to date

Students withdrawing from MBA Program after 3rd term receive 100% of Per Student Trip Expenses and 0% of Program Trip Expenses paid to date

Enrolled Students – MBA Immersion Trip Refund Policy

Students enrolled in the MBA Program who do not participate in the trip receive 100% of Per Student Trip Expenses and 0% of Program Trip Expenses assuming the student knows from the outset that he/she cannot participate in the trip.

Students enrolled in the MBA Program who plan to participate in the trip but are unable to do so because of last minute conflicts receive 100% of Per Student Trip Expenses less any non-refundable deposits and/or fees and 0% of Program Trip Expenses

Enrolled students completing an alternative assignment will be charged an additional fee to cover the cost of the assignment.

The College reserves the right to change costs, dates and procedures at its discretion.